IOFM APS Q&A - in .pdf

  • APS pdf
  • Exam Code: APS
  • Exam Name: Accredited Payables Specialist (APS) Certification Exam
  • PDF Version: V19.35
  • Q & A: 365 Questions and Answers
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APS Customizable Exam Mode, Latest APS Training | Accredited Payables Specialist (APS) Certification Exam Latest Examprep - Science
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  • Exam Code: APS
  • Exam Name: Accredited Payables Specialist (APS) Certification Exam
  • PC Software Version: V19.35
  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
An entity with total aside t, of US $100,000,000 and profit of US purchases staplers with an estimated life of 10 years for US $1,000. In connection with the purchase, the company debits miscellaneous expense. This scenario is most closely associated with which of the following cone opts or principles?
A. Reliability and comparability.
B. Relevance and neutrality.
C. Materiality and going concern.
D. Materiality and the balance between cost and benefit.
Answer: D
Explanation:
In principle, wasting assets should be capitalized and depreciated. However, the effect on the financial statements of expensing rather than capitalizing and depreciating the staplers is clearly not material given that they cost US $1,000 and the enterprise has total assets of US $1,000. The choice of treatment is not likely to influence the decisions of financial statement users. The balance between benefit and cost is a pervasive constraint, not a qualitative characteristic. The benefits should exceed the cost of information.
Specifically, the cost of producing the information about depreciation expense over 10 years for the staplers probably is higher than the benefits of the information for decision making. Thus, the expedient procedure of expensing the US $1,000 should be followed.

NEW QUESTION: 2
You are designing an ASP.NET Web application for content management.
You have the following requirements:
You need to design a solution for identifying the display dimensions of the requesting browser. Which approach should you recommend?
A. Use the HttpWorkerRequest class.
B. Use the HttpUtility class.
C. Use the HttpBrowserCapabilities class.
D. Use CurrentUlCutture.
Answer: C

NEW QUESTION: 3
Refer to the exhibit.

Each ESXi host has three NICs assigned to a virtual switch.
Which Network Failure Detection Policy will prevent network failover?
A. Link status only
B. Beacon probing
C. Failback Policy
D. Notify Switches Policy
Answer: A

NEW QUESTION: 4
Which step displays a listing of all the data sets in the WORK library?
A. proc contents lib=WORK.all;run;
B. proc contents data=WORK._all_;run;
C. proc contents data=WORK _ALL_;run;
D. proc contents lib=WORKrun;
Answer: B

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